TAC
Price:
$10.75
Market Cap:
$4.48B
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.[Read more]
Industry
Independent Power Producers
IPO Date
2001-07-31
Stock Exchange
NYSE
Ticker
TAC
According to TransAlta Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.74. This represents a change of -6.47% compared to the average of 0.79 of the last 4 quarters.
The mean historical Current Ratio of TransAlta Corporation over the last ten years is 1.24. The current 0.74 Current Ratio has changed 5.91% with respect to the historical average. Over the past ten years (40 quarters), TAC's Current Ratio was at its highest in in the December 2020 quarter at 2.03. The Current Ratio was at its lowest in in the December 2014 quarter at 0.59.
Average
1.24
Median
1.24
Minimum
0.59
Maximum
2.03
Discovering the peaks and valleys of TransAlta Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 131.85%
Maximum Annual Current Ratio = 2.03
Minimum Annual Increase = -44.07%
Minimum Annual Current Ratio = 0.59
Year | Current Ratio | Change |
---|---|---|
2023 | 0.91 | -29.47% |
2022 | 1.29 | 13.03% |
2021 | 1.14 | -44.07% |
2020 | 2.03 | 69.44% |
2019 | 1.20 | -20.12% |
2018 | 1.50 | 41.40% |
2017 | 1.06 | -16.77% |
2016 | 1.28 | -6.43% |
2015 | 1.36 | 131.85% |
2014 | 0.59 | -32.87% |
The current Current Ratio of TransAlta Corporation (TAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.11
5-year avg
1.31
10-year avg
1.24
TransAlta Corporation’s Current Ratio is less than Pampa Energía S.A. (2.39), less than Vistra Corp. (1.11), greater than NRG Energy, Inc. (0.00), greater than Power Assets Holdings Limited (0.49), less than Kenon Holdings Ltd. (3.08), less than AGL Energy Limited (1.07), less than Datang International Power Generation Co., Ltd. (0), greater than null (0.51),
Company | Current Ratio | Market cap |
---|---|---|
2.39 | $5.07B | |
1.11 | $55.09B | |
0.00 | $19.34B | |
0.49 | $13.75B | |
3.08 | $1.50B | |
1.07 | $4.62B | |
0 | $4.93B | |
0.51 | $0 |
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